Org.nr 919 276 266 2022 → 2023 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2023 vs 2022

Grew 39% on revenue, weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 391851

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 577.5k NOK → 802.8k NOK (+39.0%). Net result -556.5k NOK → -1.25m NOK. Equity 4.07m NOK → 2.82m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
577.5k NOK 802.8k NOK
+39.0%
Operating result
-405.4k NOK -221.2k NOK
+45.4%
Net result
-556.5k NOK -1.25m NOK
-124.5%
Equity
4.07m NOK 2.82m NOK
-30.7%
Cash
2.38m NOK 2.33m NOK
-2.4%
Total assets
4.29m NOK 3.01m NOK
-29.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 577.5k NOK to 802.8k NOK (+39.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -405.4k NOK → -221.2k NOK (op. margin -70.2% → -27.6%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -556.5k NOK → -1.25m NOK (net margin -96.4% → -155.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.07m NOK → 2.82m NOK (equity ratio 94.8% → 93.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.38m NOK → 2.33m NOK (-2.4% YoY). Calculated